Hello BP Community,Have you had experience with equity lines of credit on rental properties? What kind of qualifications do lenders use for them? Are they harder to establish than lines of credit on primary residences...
I want to try and use my home equity for another investment property. Are there better banks than others to get a HELOC? If so recommendations please.
Hello fellow BP members,
I currently own a single family home in Colorado Springs that's been a great rental the last couple of years. I bought it using the VA loan and put very little down on it. I lived there long ...
Looking to take out a HELOC on my current duplex rental, the problem is I can’t find a bank to do a HELOC for a rental property. Is there any banks that do this, what are my options? Thanks!
I live in Colorado and am looking at the west coast of Florida for STR property (Tampa to Sarasota region). I would like to finance it as a 2nd home/vacation property to use the 10% down. I would plan to stay in the...
Hi everyone. I know back before the housing crisis it was possible to get a HELOC on a rental property, but is this still possible today? Have any of you recently done this? We have one single family home and looking ...
if you obtain a mortgage on a property that needs repairs how do you pay the mortgage along with expenses till you get a tenant in the property? considering I plan to use others people money
Guys, I’m trying to obtain a line of credit, like a HELOC on a rental property I own for renovations. The banks I’ve talked to so far only do a line of credit on a primary residence, or a cash out refi. The property i...
Two years ago I purchased vacant land in Grand Junction, CO that is zoned so that I can build commercial, residential, multi-family or any combination thereof. According to the building codes, my lot is just big enoug...
If you are a veteran or eligible to obtain an account with Navy Federal Credit Union, they have loans similar to the VA loan that does not require a down payment. These loans programs were designed to help Vet who ha...